Form 4: Jackson Financial Inc. Director Lawton Drew Reports Acquisition of Dividend Equivalents
SEC Form 4 Filing
Director Lawton Drew reports acquiring dividend equivalents in the form of restricted share units related to previous equity grants.
Summary
- On March 20, 2025, Lawton Drew, a director of Jackson Financial Inc., acquired dividend equivalents in the form of restricted share units.
- These units are subject to the same terms and conditions as the underlying equity granted to the director for the Founders' Award on October 4, 2021, and annual equity retainers on October 4, 2021, June 9, 2022, June 1, 2023, and June 1, 2024.
- The acquisitions resulted in an increase in the number of common stock units beneficially owned by Drew.
- The price of the acquired shares was $0.00.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding director compensation, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The acquisition of dividend equivalents has a minor positive impact on the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 10/04/2021 | Date of Founders' Award grant to the Director |
| 10/04/2021 | Date of annual equity retainer grant to the Director |
| 06/09/2022 | Date of annual equity retainer grant to the Director |
| 06/01/2023 | Date of annual equity retainer grant to the Director |
| 06/01/2024 | Date of annual equity retainer grant to the Director |
| 03/20/2025 | Date of transaction: Acquisition of dividend equivalents |
| 03/24/2025 | Date of signature by Attorney-in-Fact |
Keywords
dividend equivalents, restricted share units, Form 4, Jackson Financial Inc., Lawton Drew, director, equity grants
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